DA: Lower tariffs to slash rice prices by P5
Rice prices could go down by as much as P5 per kilo if tariffs on rice imports would be further reduced, according to government estimates.
Source: philstar.com
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House OKs bill restoring NFA power to import rice
Administration lawmakers approved on third and final reading on Tuesday the measure amending provisions of the Rice Tariffication Law in the hope of substantially bringing down the price of rice in the retail market.
Source: philstar.com
DA, DTI seek rice import authority
The House of Representatives is exploring ways to ensure that amendments to the Rice Tariffication Law (RTL) will not be tainted with corruption to ensure it ef
Source: tribune.net.ph
DA asks solons to amend RTL to allow DA, DTI to import rice | Jovee Marie N. de la Cruz
FIVE years after the enactment of the Rice Tariffication Law (RTL), the Department of Agriculture (DA) has asked lawmakers to introduce amendments to the law, to include “empowering” the secretaries of the DA and Department of Trade and Industry to import rice under “specified conditions.” At a briefing with the…
Source: businessmirror.com.ph
House to look into 'yawning gap' in commodity prices | Jovee Marie N. de la Cruz
Upon the resumption of session on Monday, Speaker Ferdinand Martin G. Romualdez announced plans to lead an investigation into the “growing disparity” between farmgate and retail prices of essential commodities. Romualdez also called for the implementation of a review process that seeks to identify and rectify any loopholes that could…
Source: businessmirror.com.ph